| Summary: | 碩士 === 東吳大學 === 會計學系 === 104 === IFRS 9 Financial Instruments, which replaces most of the guidance in IAS 39. This includes amended guidance for the classification and measurement to eliminate the earning management when the financial assets classified as available for sales security, and use readjustment from other comprehensive income (OCI) to profit or loss from valuation. In 2009, the IASB issued IFRS 9 (2009), the first milestone of the project to replace IAS 39. The available for sales security was replaced by fair value through other comprehensive income (FVOCI), and the OCI will recognize to retained earnings when it’s disposal. In 2013, the IASB limited amendments to IFRS 9 (2009), to address specific application questions raised by interested parties as well as to try and reduce differences with the FASB. Thus, the OCI will recognize to profit or loss when the debt investment is classified as FVOCI and disposal.
This study recalculates the financial statements during 2012, 2013 and 2014 of Taiwan listed companies. Compare the amended IFRS9 (2014 edition) and the first release of IFRS9 (2009 edition) to IAS39. The results show that the new amended IFRS9 will bring about negative impact on the current income for financial holding, banking, and insurance industry, and the general industry and the securities industry will have a positive impact. The first release IFRS9 will also bring about a negative impact on the consolidated income for all of industry, especially the changes in the consolidated income percentage over 10% are the insurance industry and the financial holding. In addition, the study also to be verified by statistical test of the above results and provide the suggestion about financial instruments disclosure on the financial report. The suggestion can more fully understand the difference in standards, and further pointed out that the current flaws on disclosure in our country.
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